Bank cost to income ratio in Republic of Korea
Republic of Korea: Bank cost to income ratio was 63.7% in 2021. ▲ Rising
Bank cost to income ratio in Republic of Korea, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank cost to income ratio in Republic of Korea is 63.7%, measured in 2021.
The figure is up 1.4% on the previous year and up 51.9% over ten years.
Over the whole period, bank cost to income ratio in Republic of Korea peaked at 73.9% in 2015 and was at its lowest, 42.0%, in 2011.
Republic of Korea ranks 41st of 169 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Bank cost to income ratio in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 44.7% | — |
| 2005 | 53.7% | +20.1% |
| 2010 | 43.4% | -19.3% |
| 2011 | 42.0% | -3.2% |
| 2012 | 52.8% | +25.8% |
| 2013 | 58.2% | +10.2% |
| 2014 | 60.4% | +3.9% |
| 2015 | 73.9% | +22.2% |
| 2016 | 71.4% | -3.4% |
| 2017 | 64.7% | -9.3% |
| 2018 | 64.4% | -0.6% |
| 2019 | 62.0% | -3.7% |
| 2020 | 62.9% | +1.4% |
| 2021 | 63.7% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.2% | 44.7% | 53.7% | 2 |
| 2010s | 59.3% | 42.0% | 73.9% | 10 |
| 2020s | 63.3% | 62.9% | 63.7% | 2 |
Countries ranked near Republic of Korea
More financial sector data for Republic of Korea
- Net domestic credit (current LCU), per capita 96.84 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 2,672 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 5.54 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 117.53 million SDR (2025)
- Gold reserves at market value 10.71 billion SDR (2025)
- Reserves excluding gold, foreign exchange 294.26 billion SDR (2025)
- Reserves excluding gold 308.07 billion SDR (2025)
- Total reserves (gold at market value) 318.78 billion SDR (2025)
- Total reserves (gold at national valuation) 311.57 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 6,028 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Republic of Korea?
- Bank cost to income ratio in Republic of Korea was 63.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Republic of Korea?
- The highest recorded value was 73.9% in 2015.
- What is the lowest bank cost to income ratio recorded in Republic of Korea?
- The lowest recorded value was 42.0% in 2011.
- How does Republic of Korea rank for bank cost to income ratio?
- Republic of Korea ranks 41st out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Republic of Korea?
- Over the last ten years it is up 51.9%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.